Saudi Arabia’s energy-related stocks such as petrochemicals as well as underpenetrated consumer markets such as retail will see immediate investor interest when the kingdom opens its $700 billion equity market to foreigners in early 2015,
The value of shares bought by foreign investors through swap arrangements on the Saudi stock exchange jumped in July, official statistics showed on Sunday.
Authorities in the kingdom granted long-awaited approval on July 21 to ope
Saudi Arabia’s decision to open up its stock market to foreign financial institutions (FIIs) in the first half of next year is a long-awaited step towards its inclusion in the MSCI emerging markets (EM) index, which could mean active net i
Saudi capital market, the largest in the Middle East and North Africa (Mena) region, could draw up to $35 billion once it is opened to direct foreign investments, an analyst has said.
The long-awaited move, approved by the cabinet
The opening of Saudi Arabia's $530 billion stock market to foreigners will finally put the Middle East on the investor map.
Foreigners will be allowed direct access to the stock market from next year under reforms announced on
Saudi Arabia's Capital Market Authority plans to open the stock market to direct investment by foreign financial institutions in the first half of 2015, the regulator said on Tuesday.
The CMA said it would publish next month d
With the prospect of a diplomatic breakthrough next month bringing an end to Iran's international isolation, officials in Tehran are preparing to roll out the red carpet to foreign firms. But a tough legal environment and tricky domestic mar
Egypt's newly appointed investment minister Ashraf Salman said he targets $10 billion in foreign direct investment (FDI) for the coming fiscal year and $14 billion in three years.
Meanwhile Saudi Arabia's Almarai, the Gulf
Saudi Arabia has been ranked 14th among low-risk credit markets on a list of 76 countries published by a global ratings agency, which would help attract more foreign investors, said a top economist.
The kingdom holds 15th position
Bahrain remains focused on attracting more specific foreign direct investment in the next year, according to a top minister.
Transportation Minister and Economic Development Board (EDB) acting chief executive Kamal Ahmed said all